Celestica Stock Skyrockets on AI Boom: Q3 Blowout, Raised Forecasts Signal No Slowdown
Celestica shares closed at C$424 on Oct. 27, up 13% for the week and over 300% in a year. The company reported Q3 revenue of $3.19 billion, up 28%, and adjusted EPS of $1.58, up 52%, both above guidance. Celestica raised its 2025 outlook and now expects 2026 revenue to reach $16 billion amid strong AI hardware demand. Analysts raised price targets, citing robust orders from hyperscale customers.